New Mexico

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You are viewing rates from credit unions across Sunland Park



2024

Below are eighteen month Certificates of Deposit (CD) rates from credit unions in Sunland Park, New Mexico. Eighteen Month CDs offer a bit more yield than 1 year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

Sunland Park, NM - April 15, 2024

18 Month CD National Average : 0.58% ?

Credit Unions APY MIN MILES ?
Frontwave
Restrictions

6.00%

$1,000

-

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Rate History: 5.00% → 4.75% → 4.50% → 4.00% → 6.00%

Midflorida
Restrictions

5.55%

2.00%

$10,000

$1,000

-

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Mccoy
Restrictions

5.38%

$1,000

-

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5.30%

5.10%
5.00%

$25,000

$10,000
$500

-

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Jovia Financial
Restrictions

5.25%

$100

-

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Rate History: 4.90% → 5.15% → 5.40% → 5.15%

Rate History: 5.05% → 5.25% → 5.11%

Rate History: 4.50% → 5.25% → 4.50% → 5.05%

Rate History: 5.35% → 5.05%

Wings Financial
Restrictions

5.05%

$500

-

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Rate History: 5.13% → 5.02%

Rate History: 4.05% → 3.30% → 4.25% → 3.90% → 5.00%

Rate History: 0.50% → 4.50% → 5.00%

Rate History: 5.10% → 5.00% → 5.00%

Rate History: 4.10% → 0.70% → 0.70%

Rate History: 4.75% → 4.65% → 5.00% → 4.95%

Rate History: 4.90% → 5.25% → 4.90%

4.90%

4.50%

$100,000

$1,000

-

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Rate History: 4.60% → 4.85% → 4.87%

Rate History: 5.13% → 4.86%

Rate History: 4.90% → 4.75% → 4.86%

Rate History: 5.25% → 5.30% → 5.25% → 5.00% → 4.85%

Rate History: 4.81% → 4.80%

Rate History: 4.90% → 4.75%

Rate History: 5.50% → 5.70% → 5.30% → 4.75%

Rate History: 5.25% → 4.75%

Rate History: 5.05% → 4.30% → 4.35% → 4.45% → 4.75%

Rate History: 4.44% → 4.70%

Rate History: 4.85% → 5.12% → 4.70%

Rate History: 3.82% → 4.71% → 5.39% → 5.13% → 4.60%

Rate History: 2.53% → 3.30% → 4.59%

Rate History: 5.12% → 5.06% → 4.91% → 4.80% → 4.59%

15-Month CD Special.

Rate History: 4.49% → 5.01% → 4.69% → 4.59%

Ingersoll-rand
Restrictions

4.58%

$1,000

-

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Rate History: 3.75% → 4.55%

Rate History: 3.70% → 4.55%

Rate History: 4.50% → 5.15% → 4.85% → 4.60% → 4.55%

Rate History: 2.50% → 4.55%

4.55%

4.39%

$10,000

$1,000

-

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4.55%

4.50%

$100,000

$1,000

-

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Rate History: 4.75% → 4.70% → 4.52%

Rate History: 5.30% → 5.50% → 5.75% → 5.20% → 4.50%

Rate History: 0.85% → 4.25% → 4.60% → 4.50%

Rate History: 0.01% → 4.50%

Rate History: 4.45% → 4.60% → 4.81% → 4.71% → 4.50%

Rate History: 3.14% → 3.81% → 5.12% → 5.00% → 4.50%

Rate History: 5.25% → 4.75% → 4.50%

Fairwinds
Restrictions

4.50%

$1,000

-

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Rate History: 4.16% → 4.50%

Rate History: 4.75% → 4.50%

Rate History: 4.76% → 4.50%

Rate History: 5.12% → 5.01% → 4.49% → 4.23% → 4.49%

Rate History: 5.10% → 4.45%

Rate History: 4.80% → 5.12% → 4.85% → 4.59% → 4.44%

Rate History: 4.42% → 4.52% → 4.42%

Rate History: 4.50% → 4.85% → 4.75% → 4.50% → 4.40%

Rate History: 4.25% → 4.40% → 4.60% → 4.35%

Rate History: 3.30% → 3.80% → 5.00% → 4.30%

Rate History: 5.35% → 5.00% → 4.30%

Rate History: 3.75% → 4.25%

Rate History: 4.50% → 4.75% → 4.25%

Rate History: 4.85% → 4.25%

Rate History: 4.50% → 4.25%

Rate History: 4.30% → 4.70% → 4.50% → 4.45% → 4.20%

Rate History: 3.75% → 4.20%

Rate History: 4.40% → 4.15%

Rate History: 4.25% → 4.15%

Redwood
Restrictions

4.10%

$1,000

-

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Rate History: 4.26% → 4.35% → 4.10%

Rate History: 3.30% → 4.09%

Rate History: 3.20% → 4.07%

Rate History: 4.75% → 4.50% → 5.45% → 4.16% → 4.07%

Rate History: 2.00% → 3.50% → 4.00%

Rate History: 4.00% → 4.10% → 5.00% → 4.10% → 4.00%

Rate History: 3.00% → 4.00%

Rate History: 2.05% → 4.00%

Rate History: 4.25% → 3.00% → 4.00%

Rate History: 3.75% → 4.00%

Rate History: 4.33% → 3.95% → 3.68% → 3.95%

Space Coast
Restrictions

3.91%

$500

-

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Rate History: 4.35% → 4.10% → 4.05% → 3.90%

Rate History: 3.50% → 4.05% → 3.80%

Rate History: 4.50% → 3.80%

3.76%

$1,000

-

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Dfcu Financial
Restrictions

3.75%

3.50%
3.25%

$100,000

$25,000
$1,000

-

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Rate History: 4.75% → 4.50% → 4.25% → 4.00% → 3.75%

Rate History: 3.85% → 4.06% → 3.96% → 3.70%

Rate History: 3.50% → 3.66%

Boeing Employees
Restrictions

3.61%

3.56%

$50,000

$500

-

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The Golden 1
Restrictions

3.55%

3.45%

$100,000

$500

-

Learn More

Rate History: 3.78% → 3.55%

Rate History: 3.30% → 4.30% → 3.50%

Rate History: 1.50% → 2.50% → 3.50%

Rate History: 3.50% → 3.10% → 3.50%

Green Country
Restrictions

3.50%

$50,000

-

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Rate History: 3.55% → 3.35% → 3.45%

Rate History: 4.50% → 3.50% → 3.44%

Rate History: 2.95% → 3.30% → 3.35%

Rate History: 5.45% → 3.30%

Rate History: 4.22% → 3.29%

Rate History: 4.86% → 3.30% → 3.25%

Gecu
Restrictions

3.25%

$1,000

-

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Magnifi Financial
Restrictions

3.20%

3.10%
3.05%
3.00%
2.95%

$150,000

$100,000
$50,000
$25,000
$500

-

Learn More

Rate History: 3.11% → 3.10% → 2.60% → 3.10%

Rate History: 2.94% → 3.05% → 3.10%

Rate History: 3.25% → 3.00%

Global
Restrictions

3.00%

2.85%
2.70%

$250,000

$100,000
$10,000

-

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Rate History: 2.75% → 2.95%

Loco
Restrictions

2.95%

$500

-

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Rate History: 2.60% → 2.80%

Campus Usa
Restrictions

2.78%

2.53%

$25,000

$2,000

-

Learn More
First Florida
Restrictions

2.75%

$1,000

-

Learn More

Rate History: 2.79% → 2.69%

Rate History: 2.63% → 3.20% → 2.63% → 3.20% → 2.63%

Rate History: 2.60% → 5.25% → 2.60% → 18.00% → 2.60%

Rate History: 3.00% → 3.25% → 3.00% → 2.50%

Rate History: 5.00% → 2.50%

Educational
Restrictions

2.33%

2.28%

$100,000

$1,000

-

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2.31%

$500

-

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2.25%

$500

-

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Rate History: 5.30% → 2.10%

Rate History: 1.95% → 2.05%

Rate History: 2.73% → 2.75% → 2.00%

Evolve
Restrictions

1.71%

$500

-

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Rio Grande
Restrictions

1.66%

$100,000

-

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Rate History: 2.21% → 1.61%

1.56%

$10,000

-

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Rio Grande
Restrictions

1.56%

$10,000

-

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Rate History: 4.85% → 1.55%

1.51%

$100,000

-

Learn More

Rate History: 2.01% → 5.12% → 2.01% → 1.51%

Rate History: 2.75% → 1.50%

Members 1st
Restrictions

1.45%

1.40%
1.30%
1.20%
1.15%
1.10%

$1,000,000

$100,000
$75,000
$50,000
$10,000
$500

-

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1.45%

1.30%

$100,000

$0

-

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Rate History: 0.70% → 1.40%

Louisiana
Restrictions

1.31%

$10,000

-

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Linn - Co
Restrictions

1.31%

$100,000

-

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1.26%

$10,000

-

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Cse
Restrictions

1.26%

$1,000

-

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1.25%

$10,000

-

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Sandia Laboratory
Restrictions

1.25%

$100,000

-

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1.25%

$500

-

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1.25%

$10,000

-

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1.25%

$10,000

-

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1.25%

$10,000

-

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Del Norte
Restrictions

1.21%

$100,000

-

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1.21%

$100,000

-

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1.20%

$10,000

-

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Doches
Restrictions

1.20%

$10,000

-

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1.20%

$10,000

-

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Alps
Restrictions

1.16%

$10,000

-

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Ouachita Valley
Restrictions

1.16%

$10,000

-

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Del Norte
Restrictions

1.16%

$10,000

-

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Hurricane Creek
Restrictions

1.15%

$10,000

-

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1.15%

$10,000

-

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Topline
Restrictions

1.15%

$10,000

-

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Firstlight
Restrictions

1.15%

$100,000

-

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Gulf Coast
Restrictions

1.15%

$500

-

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Pcm
Restrictions

1.15%

$10,000

-

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Oshkosh Community
Restrictions

1.14%

$10,000

-

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1.11%

$10,000

-

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Members Choice
Restrictions

1.11%

$10,000

-

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1.11%

$100,000

-

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Assemblies Of God
Restrictions

1.11%

$10,000

-

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White Sands
Restrictions

1.11%

$100,000

-

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Linn - Co
Restrictions

1.11%

$10,000

-

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Upstate
Restrictions

1.11%

$10,000

-

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Texas Tech
Restrictions

1.11%

$10,000

-

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1.10%

$10,000

-

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Honolulu
Restrictions

1.10%

$10,000

-

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Alabama One
Restrictions

1.10%

$10,000

-

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Spirit Of Alaska
Restrictions

1.10%

$10,000

-

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1.10%

$10,000

-

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Hiway
Restrictions

1.10%

$100,000

-

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1.10%

$100,000

-

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1.10%

$10,000

-

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Metro Cu
Restrictions

1.10%

$10,000

-

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Sabine
Restrictions

1.10%

$10,000

-

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Houston
Restrictions

1.07%

$100,000

-

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United 1st
Restrictions

1.06%

$100,000

-

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1.06%

$10,000

-

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Beacon
Restrictions

1.06%

$100,000

-

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1.06%

$100,000

-

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1.06%

$10,000

-

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Kelly Community
Restrictions

1.06%

$10,000

-

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Up Arkansas
Restrictions

1.05%

$10,000

-

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Membersfirst
Restrictions

1.05%

$10,000

-

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Dch
Restrictions

1.05%

$10,000

-

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Sandia Laboratory
Restrictions

1.05%

$10,000

-

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True North
Restrictions

1.05%

$10,000

-

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Policemen's
Restrictions

1.05%

$100,000

-

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Limestone
Restrictions

1.05%

$100,000

-

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Firstlight
Restrictions

1.05%

$10,000

-

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Walker County
Restrictions

1.05%

$10,000

-

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Westex
Restrictions

1.04%

$100,000

-

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S. C. State
Restrictions

1.02%

$10,000

-

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Union Square
Restrictions

1.01%

$1,000

-

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Nesc
Restrictions

1.01%

$10,000

-

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1.01%

$10,000

-

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1.01%

$10,000

-

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Multipli
Restrictions

1.01%

$10,000

-

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Hometown
Restrictions

1.01%

$10,000

-

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Allegiance
Restrictions

1.01%

$100,000

-

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Greater Texas
Restrictions

1.01%

$100,000

-

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Tomah Area
Restrictions

1.00%

$100

-

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1.00%

$10,000

-

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Pacific Service
Restrictions

1.00%

$100,000

-

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360
Restrictions

1.00%

$100,000

-

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1.00%

$10,000

-

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Texar
Restrictions

1.00%

$1,000

-

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1.00%

$100,000

-

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1.00%

$1,000

-

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Credit Union 1
Restrictions

1.00%

$100,000

-

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Encompass
Restrictions

1.00%

$500

-

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Via Credit Union
Restrictions

1.00%

$10,000

-

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1.00%

$10,000

-

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Policemen's
Restrictions

1.00%

$10,000

-

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Quantum
Restrictions

1.00%

$10,000

-

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Aneca
Restrictions

1.00%

$1,000

-

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Wildfire
Restrictions

1.00%

$100,000

-

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1.00%

$10,000

-

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Hiway
Restrictions

1.00%

$10,000

-

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1.00%

$10,000

-

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1.00%

$100,000

-

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Abco
Restrictions

1.00%

$100,000

-

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White Sands
Restrictions

1.00%

$10,000

-

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Heartland
Restrictions

1.00%

$10,000

-

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Day Air
Restrictions

1.00%

$10,000

-

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1.00%

$10,000

-

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Oakdale
Restrictions

1.00%

$10,000

-

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1.00%

$10,000

-

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0.96%

$500

-

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Beacon
Restrictions

0.96%

$10,000

-

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Ascentra
Restrictions

0.95%

$100,000

-

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0.95%

$10,000

-

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Midwest Community
Restrictions

0.95%

$100,000

-

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United 1st
Restrictions

0.95%

$10,000

-

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0.95%

$500

-

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0.95%

$100

-

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City Of Boston
Restrictions

0.95%

$50,000

-

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Kemba
Restrictions

0.95%

$10,000

-

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0.95%

$10,000

-

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Commonwealth
Restrictions

0.95%

$10,000

-

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Efcu Financial
Restrictions

0.95%

$100,000

-

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First Priority
Restrictions

0.95%

$10,000

-

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Tremont
Restrictions

0.95%

$10,000

-

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Central One
Restrictions

0.95%

$10,000

-

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Health Advantage
Restrictions

0.95%

$10,000

-

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0.95%

$10,000

-

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Grasslands
Restrictions

0.95%

$100,000

-

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Marine
Restrictions

0.95%

$100,000

-

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0.95%

$10,000

-

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0.95%

$100,000

-

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Houston
Restrictions

0.95%

$10,000

-

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Mid Carolina
Restrictions

0.95%

$10,000

-

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Border
Restrictions

0.95%

$100,000

-

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0.95%

$10,000

-

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Iaa
Restrictions

0.92%

$100,000

-

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Members Plus
Restrictions

0.91%

$10,000

-

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K V
Restrictions

0.91%

$10,000

-

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Eagle One
Restrictions

0.90%

$10,000

-

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0.90%

$10,000

-

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0.90%

$100,000

-

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First City
Restrictions

0.90%

$100,000

-

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Centris
Restrictions

0.90%

$100,000

-

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Arizona Central
Restrictions

0.90%

$100,000

-

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0.90%

$100,000

-

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Guardian
Restrictions

0.90%

$10,000

-

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Pacific Service
Restrictions

0.90%

$10,000

-

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Credit Union 1
Restrictions

0.90%

$10,000

-

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0.90%

$10,000

-

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Energy Plus
Restrictions

0.90%

$10,000

-

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0.90%

$10,000

-

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Ashland
Restrictions

0.90%

$100,000

-

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0.90%

$100,000

-

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Centric
Restrictions

0.90%

$10,000

-

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Jeanne D'arc
Restrictions

0.90%

$10,000

-

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Act 1st
Restrictions

0.90%

$10,000

-

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0.90%

$10,000

-

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Brewer
Restrictions

0.90%

$10,000

-

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Peninsula
Restrictions

0.90%

$10,000

-

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Zeal
Restrictions

0.90%

$100,000

-

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0.90%

$10,000

-

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Neighbors
Restrictions

0.90%

$10,000

-

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Navigator Cu
Restrictions

0.90%

0.85%

$100,000

$25,000

-

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Marine
Restrictions

0.90%

$10,000

-

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0.90%

$100,000

-

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0.90%

$10,000

-

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True Sky
Restrictions

0.90%

$500

-

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Western Sun
Restrictions

0.90%

$100,000

-

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Erie
Restrictions

0.90%

$100,000

-

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Riverfront
Restrictions

0.90%

$10,000

-

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Apci
Restrictions

0.90%

$10,000

-

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Ascend
Restrictions

0.90%

$10,000

-

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Greater Texas
Restrictions

0.90%

$10,000

-

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0.90%

$100,000

-

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Border
Restrictions

0.90%

$10,000

-

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Texell
Restrictions

0.90%

$10,000

-

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0.90%

$100,000

-

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Primeway
Restrictions

0.90%

$10,000

-

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Cal-com
Restrictions

0.90%

$100,000

-

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Member One
Restrictions

0.90%

$10,000

-

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Westedge
Restrictions

0.90%

$10,000

-

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Cheney
Restrictions

0.90%

$100,000

-

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Capital
Restrictions

0.90%

$10,000

-

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Fox Communities
Restrictions

0.90%

$2,000

-

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1st Community
Restrictions

0.90%

$1,000

-

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0.90%

$10,000

-

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0.89%

$10,000

-

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Powerco
Restrictions

0.88%

$500

-

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Diamond Valley
Restrictions

0.88%

$10,000

-

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Abnb
Restrictions

0.88%

$100,000

-

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0.86%

$10,000

-

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West Michigan
Restrictions

0.86%

$100,000

-

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0.86%

$10,000

-

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Community Service
Restrictions

0.86%

$10,000

-

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Mutual Savings
Restrictions

0.85%

$10,000

-

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Ascentra
Restrictions

0.85%

$10,000

-

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Gas And Electric
Restrictions

0.85%

$10,000

-

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Moline Municipal
Restrictions

0.85%

$10,000

-

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0.85%

$10,000

-

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0.85%

$10,000

-

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Coasthills
Restrictions

0.85%

$100,000

-

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California Coast
Restrictions

0.85%

$100,000

-

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San Mateo
Restrictions

0.85%

$10,000

-

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Prairieland
Restrictions

0.85%

$100,000

-

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Energy One
Restrictions

0.85%

$100,000

-

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Bar-cons
Restrictions

0.85%

$50,000

-

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Cgr
Restrictions

0.85%

$10,000

-

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Fitzsimons
Restrictions

0.85%

$500

-

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Kinetic
Restrictions

0.85%

$10,000

-

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City Of Boston
Restrictions

0.85%

$500

-

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0.85%

$26

-

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0.85%

$500

-

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Financial Health
Restrictions

0.85%

$10,000

-

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0.85%

$10,000

-

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0.85%

$10,000

-

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Cove
Restrictions

0.85%

$10,000

-

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0.85%

$1,000

-

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Campus
Restrictions

0.85%

$100,000

-

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Efcu Financial
Restrictions

0.85%

$10,000

-

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Keesler
Restrictions

0.85%

$1,000

-

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Riverland
Restrictions

0.85%

$10,000

-

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Leominster
Restrictions

0.85%

$10,000

-

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Taunton
Restrictions

0.85%

$10,000

-

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Seaboard
Restrictions

0.85%

$100,000

-

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Filer
Restrictions

0.85%

$100,000

-

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Credit Union One
Restrictions

0.85%

$100,000

-

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United Financial
Restrictions

0.85%

$100,000

-

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0.85%

$10,000

-

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Circle
Restrictions

0.85%

$10,000

-

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Our
Restrictions

0.85%

$10,000

-

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0.85%

$100,000

-

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Fulda Area
Restrictions

0.85%

$100,000

-

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Ideal
Restrictions

0.85%

$100,000

-

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Electrus
Restrictions

0.85%

$10,000

-

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0.85%

$100,000

-

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Garden State
Restrictions

0.85%

$100,000

-

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Abco
Restrictions

0.85%

$10,000

-

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0.85%

$10,000

-

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0.85%

$10,000

-

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Western Sun
Restrictions

0.85%

$10,000

-

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Tulsa
Restrictions

0.85%

$100,000

-

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0.85%

$100,000

-

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Oregon Community
Restrictions

0.85%

$100,000

-

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Guthrie
Restrictions

0.85%

$10,000

-

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Philadelphia
Restrictions

0.85%

$10,000

-

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Benchmark
Restrictions

0.85%

$10,000

-

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0.85%

$10,000

-

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Georgetown Kraft
Restrictions

0.85%

$10,000

-

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Aberdeen
Restrictions

0.85%

$10,000

-

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Enbright
Restrictions

0.85%

$100,000

-

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Pantex
Restrictions

0.85%

$10,000

-

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0.85%

$10,000

-

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0.85%

$100,000

-

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0.85%

$10,000

-

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0.85%

$1,000

-

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First Service
Restrictions

0.85%

$100,000

-

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0.85%

$100,000

-

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0.85%

$10,000

-

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Canopy
Restrictions

0.85%

$100,000

-

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Cloverbelt
Restrictions

0.85%

$10,000

-

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Pathfinder
Restrictions

0.85%

$100,000

-

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Reliant
Restrictions

0.85%

$10,000

-

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Beach Municipal
Restrictions

0.83%

$10,000

-

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Frankenmuth
Restrictions

0.83%

$100,000

-

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Abnb
Restrictions

0.83%

$10,000

-

Learn More
Iaa
Restrictions

0.82%

$10,000

-

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Alive
Restrictions

0.82%

$10,000

-

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Neighbors
Restrictions

0.82%

$10,000

-

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People's Alliance
Restrictions

0.81%

$10,000

-

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Money One
Restrictions

0.81%

$100,000

-

Learn More

0.80%

$100,000

-

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Green Mountain
Restrictions

0.80%

$10,000

-

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0.80%

$100,000

-

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Caprock
Restrictions

0.80%

$100,000

-

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Indianhead
Restrictions

0.80%

$10,000

-

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Idb Global
Restrictions

0.80%

$100,000

-

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Scott
Restrictions

0.80%

$100,000

-

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R.i.a.
Restrictions

0.80%

$10,000

-

Learn More

0.80%

$10,000

-

Learn More
All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Credit Union Certificates of Deposit 2024

Credit union certificates of deposit (“CDs”, also commonly called “time deposits” at credit unions) are contract-based and time-based savings vehicles that are offered by credit unions. In return for agreeing to keep your money tied up with the credit union for a given time period, you earn a fixed rate or return that cannot change over the course of that period. Should you need your money before the expiration of the contractual period, the penalties for early withdrawal can be severe. Not all credit unions even offer early withdrawal from CDs; many that do offer it maintain the right to deny it in their fine print. It therefore is important to fully understand the terms of any time-based deposit that you enter with a credit union. Read this article for further detail on early withdrawal penalties.

Many Americans enjoy performing their banking transactions with credit unions, citing better rates, non-profit status (owned by its depositors), more helpful employees, and a commitment to the community that is above the level offered by local banks. You will find a map with all credit unions that are close to you here. It is important to note that some credit unions have limited fields of membership, although others are more open ended. Under any circumstance, you must meet the membership requirements in order to become a member and open a CD or time deposit.

Those who are willing to tie up their money for one year will often get a slight premium over the best available savings rates. People who work with credit unions may find that they offer better rates on CDs or time deposits than local banks and online banks. You however should check the local bank rates where you live here and the online rates here.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

NCUA Insurance

Most, but not all, credit unions listed on BestCashCow are insured by the National Credit Union Administration (NCUA). You should confirm that the credit union that you are working with is NCUA-insured by visiting that institution’s BestCashCow page (NCUA coverage is detailed on the overview tab). The NCUA insures each named individual's deposits to $250,000 for all accounts at the credit union within ownership class. The rules are very similar, but not identical, to those for FDIC insurance. You should always stay within NCUA insurance limits.

BestCashCow strongly recommends that you deposit money only in NCUA insured credit unions and that you stay within insured limits. If you are considering depositing over $250,000 at a single NCUA-insured credit union across products (share certificates, time deposits, etc.) or across types of ownership (individual, joint, etc.) you should use the NCUA’s Share Insurance Toolkit in order to be sure that you are not exceeding coverage limits.

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS

Is my money any less safe at a credit union?

As long as your credit union is NCUA insured and you stay within the NCUA limits, As long as your credit union is NCUA insured and you stay within the NCUA limits, your money is no less safe than it would be in an FDIC-insured bank.

Is there any difference between a time deposit offered by a credit union and a CD account offered by a bank?

The difference is mainly one of terminology. But, you should always completely understand the terms of a time deposit or CD before you enter it, paying careful attention to the early withdrawal penalties. A reasonable early withdrawal penalty for a 1-year CD or time deposit is 3 months, and a reasonable early withdrawal penalty for a longer term CD is 6 months.

Does the small amount of interest gained on a time deposit make sense given the fact that I am losing access to my capital (liquidity)?

This is a decision that depends on your own specific circumstances, your needs for cash, and other investments that you may wish to pursue over the period of your time deposit or CD. The premium in a one-year CD is very small, with the premium of longer-term CDs being a little wider. A small difference in compounding interest can make a large difference over long period of time. You may wish to familiarize yourself with our Savings Booster Calculator  in order to understand the importance of compounding interest at higher rates on your money over time.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.

Use or Change these Amounts And Rates